Kalyani Transmission Technologies Ltd (KTTL), a division of Kalyani Technoforge Ltd (KTFL), today inaugurated its world-class manufacturing facility in Khed SEZ, Pune.
The plant was inaugurated by Cor van Otterloo, CEO, Punch Powertrain in the presence of Amit Kalyani, executive director, Bharat Forge; Ravi Nagarkar, CEO, KTFL and senior members of the Kalyani Group.
This facility, set up with an investment of over Rs 200 crore and spread over 6 acres, will focus on transmission components for passenger vehicles globally. In line with changing market requirements, the new plant is equipped for manufacturing high-performance gears and components to meet the NVH requirements of next-generation CVT, DCT, hybrid and EV transmissions.
With end-to-end capabilities, existing expertise and leadership in supplying forgings for transmission components, the company envisions formulating a forward integration strategy to achieve excellence in fully-finished powertrain components and sub-assemblies.
Speaking at the plant inauguration, Ravi Nagarkar, CEO of Kalyani Technoforge, said By exploring the value chain of Kalyani Group clean steel manufacturing, precision forging and this forward integration using high technology gear machining coupled with low pressure vacuum carburising under one umbrella will provide us a competitive advantage to produce high quality noise free gears, transmission products and subassemblies.
Amit Kalyani, executive director, Bharat Forge, said, The Kalyani Group is now entering into new products for the emerging electric and hybrid vehicles as well as the next-generation passenger cars for the Indian and global market.
At full capacity, the facility will employ more than 300 personnel with turnover in excess of Rs 500 crore by 2022.
KTFL is one of India’s leading auto component suppliers with three manufacturing facilities and turnover of over Rs 700 crore. Engaged in the manufacture of forged and machined products for automotive customers globally.
Source : www.autocarpro.in